Toast Shows Improvement After Market Underperformance. JPMorgan Analysts Upgrade the Stock and Continue to See Opportunity for Top Growth Rates.

The stock of Toast (TOST) continues to lag behind the market but shows signs of improvement as December begins. Toast's business model is based on an integrated platform that provides comprehensive software and hardware solutions to restaurant and retail customers to digitize operations. This includes the SaaS platform with recurring revenues, supplemented by payment solutions and hardware such as the proprietary Toast Go 3 device, which is considered best-in-class. The company presented its business development and future prospects at the UBS...